Remove Account Takeovers Remove Bots Remove Correspondent
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Deep Dive: Securing P2P Apps Against Scams And ATOs

PYMNTS

This month’s Deep Dive examines the ways that bad actors try to exploit P2P payment app users via scams and account takeovers (ATOs). This problem puts many at risk of falling victim to scams. It also details how payment service providers can up their defenses against such threats. Fraudulent Sellers.

P2P 60
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How Chipotle Rewards Customers, Not Hackers

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However, it wasn’t until this past March that the QSR launched a corresponding loyalty program. When you’re looking at account takeovers, for example, it’s predominantly automated bot attacks that have an identifiable signature,” Garner explained. “As In many situations, an AI can do the job all on its own.

Bots 43
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Anatomy Of An ATO: How To Spot A Fraudster

PYMNTS

Of these, none are more insidious than Account Takeover, aka ATO. In addition, the fraudster can open new accounts using the name and details collected from the breached account. Furthermore, they can enrich this data using social media accounts. Under it, there are numerous types of categories and attacks.

Breach 50